MLG Capital acquires Kensington at Halfmoon multifamily community

Type: Acquisition · Technology: Hospitality · Country: United States · Announced: 2026-04-23

MLG Capital announced the acquisition of Kensington at Halfmoon, a 200-unit multifamily community located in the Clifton Park submarket of Albany, New York. Built in 2014, the property features one- and two-bedroom residences with direct-access private garages and a premium amenity package including a resort-style pool, fitness center, yoga studio, movie theater, game lounge, and dog park. The acquisition aligns with MLG Capital's strategy of targeting institutional-quality assets with strong in-place cash flow and long-term value potential. Daniel Price, CIO and principal at MLG Capital, highlighted the property's durable fundamentals and stable operations as key drivers of the transaction. The deal positions the property for sustained performance through selective interior upgrades that have already demonstrated measurable value-add opportunities.

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